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Ripple lays out institutional DeFi blueprint for XRPL with XRP at center

CoinDesk
Ripple detailed an institutional DeFi strategy for the XRP Ledger, centering XRP's utility for regulated financial activity.

Summary

Ripple and XRPL contributors have outlined a growing set of "institutional DeFi" building blocks designed to make the XRP Ledger viable for regulated financial activity, emphasizing XRP's role as a central settlement and bridge asset for use cases like forex, stablecoin rails, and tokenized collateral. The strategy integrates compliance primitives like permissioned domains and credential-backed access directly into the protocol layer, addressing institutional needs for verified participation. Upcoming features include the XLS-65/66 lending protocol for pooled credit and confidential transfers for multi-purpose tokens to meet privacy expectations. Furthermore, an EVM sidechain, bridged via Axelar, is being introduced to allow Solidity developers to leverage XRPL's liquidity and identity features.

(Source:CoinDesk)